Press Release
PowerTap Files Financial Statements for the Year Ended June 30, 2023 and First and Second Quarters Ending September 30, 2023 and December 31, 2023 and provides subsidiary update
(via TheNewswire)
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VANCOUVER, British Columbia and Aliso Viejo, California, April 4, 2024 – TheNewswire – PowerTap Hydrogen Capital Corp. (NEO: MOVE) (FWB: 2K6) (OTC: MOTNF) (“PowerTap” or the “Company” or “MOVE”), announces that it has filed the Company’s audited annual consolidated financial statements for the year ended June 30, 2023 and the September 30, 2023 and December 31, 2023 unaudited interim financial statements together with the related management discussion and analysis on SEDAR+ at www.SEDARPLUS.ca.
The company continues to work towards addressing the cease trade order issued by the BC Securities Commission in December 2023 and will update shareholders accordingly.
In addition, PowerTap is pleased to provide an update on its subsidiary activities, strategic initiatives and industry collaboration to effect deployment of its Gen3 modular blue hydrogen production and dispensing unit.
PowerTap Hydrogen Fueling Corp. (“PowerTap USA”), a wholly owned subsidiary of PowerTap Hydrogen Capital Corp., has made progress in various key areas as it continues to spearhead the advancement of clean renewable hydrogen infrastructure. The company is actively engaged in a multifaceted approach to enhance its operational capabilities and solidify its position as a key player in the hydrogen ecosystem.
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Manufacturing and Engineering Validation: The company is advancing corporate development efforts to support strategic and manufacturing partners who share the vision for PowerTap’s Gen3 on-site modular, small form factor, hydrogen production, storage, and dispensing unit. These partnerships are crucial for completing engineering re-validation and finalizing plans for manufacturing, with a focus on sites in California and future expansion across North America, while diversifying PowerTap into other markets. In these corporate development efforts, said Salim Rahemtulla, CEO of subsidiary PowerTap USA, “PowerTap’s focus is to communicate to its partners that deployment of the PowerTap Gen3 technology, integrated within a microgrid, could create PowerTap Energy Plazas that offer hydrogen for FCEVs, power for BEVs, contribute to grid stability, and eliminate the carbon intensity associated with traditional hydrogen delivery.”
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PowerTap USA project financing: PowerTap USA has been in discussions to raise debt and equity capital from strategic and private equity sources. The uses of the funds, if raised, would be working capital and technology and station development and deployment to support both heavy-duty fueling stations and other industrial market applications where onsite hydrogen fueling stations would add value.
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Collaboration with Hydrogen Fuel Cell Electric Truck Manufacturers and Other Hydrogen Users: The company signed a definitive contract with a leading hydrogen truck OEM in September 2023. It continues discussions with various other hydrogen vehicle OEMs actively identifying and developing sites in the desired geographical market areas of these manufacturers. This collaborative effort is testament to the value of PowerTap’s intellectual property and its positioning as an able provider of affordable and reliable hydrogen into a broad set of industrial markets. PowerTap maintains a strong commitment to facilitating the growth of the hydrogen ecosystem.
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Active Participation in Industry Initiatives: PowerTap remains an active participant in industry forums, including the California Hydrogen Business Council (CHBC). The company is positioning itself for participation in hydrogen hubs across the United States where the hydrogen hub’s focus includes blue hydrogen. The USA Department of Energy is awarding $7 billion of grants to 7 hydrogen hubs across the USA.
As PowerTap USA continues to drive innovation and collaboration in the renewable hydrogen sector, these strategic initiatives underscore the company’s dedication to building a sustainable and robust hydrogen infrastructure for the future.
ABOUT POWERTAP HYDROGEN CAPITAL CORP.
PowerTap Hydrogen Capital Corp., through its wholly owned subsidiary, PowerTap Hydrogen Fueling Corp. (“PowerTap”), is focused on installing hydrogen production and dispensing fueling infrastructure in the United States. PowerTap‘s patented solution has been developed over 20 years. PowerTap is now commercializing its third-generation blue hydrogen product that will focus on the refueling needs of the automotive and long-haul trucking markets that lack hydrogen fueling infrastructure.
PowerTap Hydrogen common shares are listed on the NEO Exchange. Please visit the company’s profile on the NEO Exchange website at https://www.neo.inc/en/live/security-activity/MOVE#!/market-depth
PowerTap Contact:
Raghu Kilambi raghu@hydrogenfueling.co
+1 (949) 284-7060
NEITHER THE NEO EXCHANGE NOR ITS REGULATIONS SERVICES PROVIDER HAVE REVIEWED OR ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.
Notice Regarding Forward Looking Information: This press release contains “forward-looking statements” or “forward-looking information” (collectively referred to herein as “forward-looking statements”) within the meaning of applicable securities legislation. Forward-looking statements in this news release include, but are not limited to, statements, management’s beliefs, expectations or intentions regarding the hydrogen extraction market and the general economy, the Company’s business plans and strategy, including anticipated capital deployments and the timing thereof, and the Company’s ability to raise sufficient capital to funds its business plan.
Forward-looking statements are based on forecasts of future results, estimates of amounts not
yet determinable and assumptions that while believed by management to be reasonable, are inherently subject to significant business, economic and competitive uncertainties and contingencies. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words “expects”, “plans”, “anticipates”, “believes”, “intends”, “estimates”, “projects”, “potential” and similar expressions, or that events or conditions “will”, “would”, “may”, “could” or “should” occur or be achieved. Forward-looking information is based on current expectations, estimates and projections that involve a number of risks, which could cause actual results to vary and, in some instances, to differ materially from those anticipated by the Company and described in the forward-looking information contained in this press release.
Although the Company believes that the material factors, expectations and assumptions expressed in such forward-looking statements are reasonable based on information available to it on the date such statements were made, no assurances can be given as to future results, levels of activity and achievements and such statements are not guarantees of future performance.
The forward-looking information contained in this release is expressly qualified by the foregoing cautionary statements and is made as of the date of this release. Except as may be required by applicable securities laws, the Company does not undertake any obligation to publicly update or revise any forward-looking information to reflect events or circumstances after the date of this release or to reflect the occurrence of unanticipated events, whether as a result of new information, future events or results, or otherwise
Copyright (c) 2024 TheNewswire – All rights reserved.
COMTEX_450342511/2895/2024-04-04T17:05:22
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London, United Kingdom, 19th Oct 2024 – SuiAddress is taking decentralized governance to the next level with the introduction of the $SUIADD token, a key component driving the platform’s blockchain-based naming service. $SUIADD not only powers the ecosystem but also enables a community-centric governance framework that allows users to have a direct impact on the platform’s evolution. By integrating decentralized autonomous organization (DAO) principles, SuiAddress is setting a new benchmark for blockchain name services in terms of governance, transparency, and user empowerment.
The $SUIADD governance model ensures that decision-making processes are not confined to a centralized team but are rather driven by the collective voice of the community. With each token representing a share in governance power, $SUIADD holders can actively participate in shaping the future direction of the platform, from protocol upgrades to treasury management.
Core Governance Features of $SUIADD:
• Voting Power for Token Holders: All $SUIADD holders can exercise voting rights proportional to their holdings, enabling them to approve or reject changes to the platform’s core functionalities, fee structures, and technical upgrades. This democratic approach ensures that the interests of the community are prioritized.
• Proposal Creation: Users who actively contribute to the platform can submit proposals for new features, integrations, or modifications. The proposal process is designed to be transparent, with detailed discussions and community feedback encouraged before any decisions are made. This inclusivity fosters an environment where innovative ideas can flourish.
• Treasury Management and Buybacks: Revenue generated from domain registrations, leasing, and other platform services is directed into the treasury. The community can vote on how these funds are allocated, including the option for treasury buybacks to increase the value of $SUIADD tokens. This model not only enhances the token’s utility but also provides financial stability to the platform.
The Impact of DAO Integration on Blockchain Name Services
By integrating DAO governance, SuiAddress ensures that the platform adapts and evolves according to the community’s needs. This decentralized model empowers users to contribute more than just capital; they contribute to the platform’s direction and future success. As more users engage with the DAO, the system becomes more robust and resilient, capable of scaling alongside the growth of the blockchain naming service sector.
Moreover, the community-driven approach helps in identifying and prioritizing new opportunities. Whether it’s adding support for additional blockchain networks, introducing premium domain services, or developing novel use cases for digital identity management, the $SUIADD-powered DAO allows for continuous improvement and innovation
With the introduction of $SUIADD, SuiAddress not only aims to lead the blockchain name services industry but also to set a precedent for other projects seeking to decentralize governance effectively.
Join the Governance Revolution:
• 
[Website](#) Website: Suiaddress.com
• 
[X (Twitter)](#) Twitter: https://x.com/SuiAddress
• 
[Telegram](#) https://t.me/suiaddressofficials
About Author
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
Press Release
ApeUniverse: Leading the new era of Metaverse shopping and digital equity, opening a new channel for wealth growth
Project overview: ApeUniverse is an innovative ecosystem that integrates the Metaverse, virtual shopping and gaming experience, aiming to redefine consumption, social and entertainment methods. Through the MetaMallverse platform, users can enjoy shopping, socializing and entertainment in a virtual environment, connect virtuality with reality, and participate in the virtual economy.
Core concept:
ApeUniverse’s vision is to break through the limitations of traditional e-commerce and create an immersive shopping and social experience based on the Metaverse. Users can not only explore brand stores and products in the virtual world, but also consume through virtual currency, perfectly integrating shopping, socializing and gamification experiences to create a vibrant virtual economy.
Platform functions:
Virtual mall: Users browse and purchase virtual and physical goods in virtual stores and experience immersive shopping.
Gamification experience: By completing tasks and challenges, users can earn virtual currency to purchase goods or participate in the virtual economy.
NFT and digital equity assets:
The ApeUniverse platform allows users to create, buy, sell and trade NFTs (non-fungible tokens). Each NFT is unique and has an unalterable number to ensure its scarcity and unique value. Unlike other platforms, ApeUniverse’s NFTs not only represent virtual collectibles, but also a symbol of company equity. By purchasing NFTs, each user is actually participating in the company’s equity investment. With the company’s successful listing on the capital market in the future, NFT holders will receive corresponding equity dividends and truly enjoy the economic returns brought by the platform’s growth.
The role of equity:
Users holding ApeUniverse NFTs are equivalent to owning part of the company’s equity. This not only means that users can participate in the operation and development of the platform, but also enjoy equity dividends after the company’s profitability. Each NFT is linked to the company’s actual equity. When the company’s performance improves, the holder will share the company’s profit dividends according to the proportion of shares.
Company dividends and equity recovery:
At ApeUniverse, we not only provide users with innovative virtual experiences, but also give every NFT holder the opportunity to become a shareholder of the company. Through a unique dividend mechanism, users will grow with the company and enjoy a portion of the company’s revenue dividends, truly achieving a win-win situation for the platform and users. With the company’s listing, shareholder equity will increase significantly. The company promises to repurchase users’ NFTs at the equity price after listing, for example: (Currently each NFT is worth 5000 PRK, which may rise to 50000 PRK after listing in the future)
This innovative equity repurchase mechanism not only makes NFT a virtual asset, but also transforms it into a high-return financial instrument. Through dividends and equity appreciation, users are no longer just spectators, but participants who move towards success with the company. ApeUniverse is committed to creating a healthy and prosperous ecosystem, allowing every user to realize asset appreciation through NFT and truly share the company’s brilliant future achievements.
Through this innovative equity model, ApeUniverse will incentivize users to participate in the platform and drive market growth, while providing users with the opportunity to achieve long-term benefits in the virtual economy.
Business Model:
Physical Goods Sales: Users can use the virtual currency won in the game to purchase physical goods, opening up consumption channels between virtual and real.
Advertising and Brand Cooperation: Brands can display advertisements and hold virtual press conferences in ApeUniverse to directly reach target consumers around the world.
NFT Market:
Users can purchase and trade NFTs, participate in virtual mining, obtain rare assets and promote the economic cycle of the platform.
Technical Architecture ApeUniverse ensures the security of virtual assets through blockchain, and uses AI to provide personalized shopping recommendations to enhance the platform user experience.
Project Vision:
ApeUniverse is not only committed to becoming the world’s preferred shopping and entertainment platform, but also to providing real financial returns to every NFT holder. The company plans to be listed on Nasdaq in the future. Early users who hold NFTs will become shareholders of the company and enjoy the dividends of platform development, truly achieving the triple benefits of participation, experience and profit.
Media Contact
Organization: ApeUniverse
Contact Person: Emory
Website: http://apeuniverse.top/
Email: Send Email
Country: Pakistan
Release Id: 19102417634
The post ApeUniverse: Leading the new era of Metaverse shopping and digital equity, opening a new channel for wealth growth appeared on King Newswire. It is provided by a third-party content provider. King Newswire makes no warranties or representations in connection with it.
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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
Press Release
NFLUglySweater.com Launches Unique Christmas NFL-Themed Sweaters, Kickstarting the Excitement for Upcoming Holidays
NFL-themed ugly Christmas sweaters are available for every team at NFLUglySweater.com.
United States, 19th Oct 2024, Grand Newswire – NFLUglySweater.com has announced the arrival of its new collection of NFL-themed Christmas sweaters. Available for all NFL teams in unique designs and affordable prices, these sweaters are perfect holiday gifts for football fans, available to be shipped worldwide.
Every sweater has been carefully crafted as a must-have for football fans, symbolizing their team’s pride and the season’s excitement. Founded in 2021, NFL Ugly Sweater prides itself as a one-stop-shop for NFL-themed ugly Christmas sweaters and as a community of passionate football fans who believe in combining the festive joy of the holiday season with the pride and excitement of the NFL.
“At NFL Ugly Sweater, we’re not just creating apparel; we’re crafting experiences that bring together the excitement of football and the joy of the holiday season.” Caden Winslow, founder and CEO of NFL Ugly Sweater, said, “I would like to thank everyone who has contributed to NFL Ugly Sweater sincerely. Your passion, devotion, and love of football and festive fashion have fueled our success.”
At the core of everything NFL Ugly Sweater does is customer happiness. From prompt, dependable shipping to attentive customer support, the business aims to make every encounter enjoyable. The goal is to consistently push the limits of what is conceivable in celebratory NFL gear while offering things clients adore.
With bright, creative patterns specific to each NFL team, NFL Ugly Sweater has taken the traditional ugly sweater concept to the next level. Some of the unique features of the NFL Ugly Sweater include:
- Unique Designs: NFL Ugly Sweater creates something unique by fusing the joyous custom of ugly Christmas sweaters with the audacious nature of NFL clubs. Perfect for Christmas, each sweater features club colors and emblems playfully and enjoyably. The designs, ranging from imaginative takes on team mascots to whimsical holiday themes, will surely draw attention and spark discussions.
- High-Quality Materials: All sweaters are constructed from superior woven polyester since comfort and longevity are just as crucial as fashion. This provides a long-lasting, plush feel. No matter how often the sweater is worn or cleaned, the vivid, long-lasting colors are guaranteed by the 3D dye-sublimation printing method.
- Custom-Manufactured Method: Each sweater is manufactured specifically for the buyer. The crew starts designing a unique sweater as soon as an order is placed, reflecting the customer’s team spirit and the joyous atmosphere of the holidays. Thanks to this customized approach, each product is guaranteed to fulfill exacting standards for quality and craftsmanship.
NFL Ugly Sweater is dedicated to growing its selection and consistently pushing the limits of fun gear with an NFL theme. The plans include exclusive limited-edition collections, partnerships with well-known companies, and even more fan personalization choices.
In addition to ugly sweaters, a more excellent range of celebratory NFL-themed items, such as clothing and accessories, will be available shortly. The objective is to make the product portfolio exciting, engaging, and full of team spirit, whether developing new tailgate and game day attire or making more family-friendly collections.
Caden Winslow said, “I’m thrilled about the upcoming developments, collaborations, and new designs that we have planned. I sincerely appreciate your participation in the NFL Ugly Sweater family. Let’s make the holidays a little less ugly and much more enjoyable for many more seasons.”
All football enthusiasts are welcome to check out NFL Ugly Sweater’s distinctive selection and join the expanding community that honors the finest aspects of sport and holiday cheer. NFL Ugly Sweater guarantees an enjoyable, fashionable, and unforgettable experience whether customers buy it for themselves or try to find the ideal holiday present for another fan.
To get started, visit: https://nfluglysweater.com
For inquiries, email support@nfluglysweater.com or call +1 (713) 258-3774.
About NFL Ugly Sweater
Caden Winslow, a fervent football fan with a long history in the fashion sector, founded NFL Ugly Sweater in 2021. With a Bachelor of Science in Fashion Business Management from New York’s Fashion Institute of Technology (FIT), Caden turned his academic background into a successful company that delighted NFL fans nationwide.
The philosophy of NFL Ugly Sweater is that football, family, and friends should be the focal points of holiday celebrations. The brand keeps putting its all into each design to ensure that every sweater promotes cohesion, comfort, and inventiveness. They take pride in offering fans the worst (and best) way to enjoy the most fantastic season of the year.
Media Contact
Organization: NFL Ugly Sweater
Contact
Person: Caden Winslow, Founder & CEO
NFL Ugly Sweater | Unique Christmas NFL-Themed Sweater Store
Email:
support@nfluglysweater.com
City: Houston
State: Texas
Country:United States
The post NFLUglySweater.com Launches Unique Christmas NFL-Themed Sweaters, Kickstarting the Excitement for Upcoming Holidays appeared first on
Grand Newswire.
It is provided by a third-party content
provider. Grand Newswire makes no
warranties or representations in connection with it.
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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
$SUIADD Powers the Future of Decentralized Governance with DAO Integration
ApeUniverse: Leading the new era of Metaverse shopping and digital equity, opening a new channel for wealth growth
NFLUglySweater.com Launches Unique Christmas NFL-Themed Sweaters, Kickstarting the Excitement for Upcoming Holidays
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